$199 Samsung Galaxy Nexus may hit Verizon on April 5th

Samsung's Galaxy Nexus on Verizon costs a steep $299 even after commitment to a two-year contract. If you're willing to live with half the internal memory, a 16GB model could be heading to Big Red on April 5th for $100 less.

According to Android blog Droid Life, this lower-priced GNex will feature many of the same tasty features of its more expensive sibling including Android 4.0 Ice Cream Sandwich, an AMOLED screen, and dual-core processing, along with Verizon LTE 4G data.

It all sounds great but when you consider the Galaxy Nexus lacks a microSD slot and relies entirely on internal storage, this might not be such a sweet deal. This is especially true if you plan to fill the phone up with tons of audio tracks or high-quality video.

Another device is rumored to arrive a few weeks later, on April 26th, is the HTC Droid Incredible 4G. The handset is likely based on the previously reported HTC Fireball, another 4G LTE phone.